Scapia Raises $63 Million In Funding Round Led By General Catalyst With Peak XV Partners And Z47Scapia raised $63 million in a round led by General Catalyst, with participation from existing backers Peak XV Partners and Z47. The India-based travel-fintech company, founded and led by CEO Anil Goteti, plans to use the capital to accelerate its AI-first product roadmap, expand its customer base across the country, and strengthen its integrated travel and financial ecosystem spanning credit cards, payments, rewards, and travel services. The company said it is seeing strong traction across flights and stays as it builds toward a broader AI-native travel platform for a younger, travel-heavy consumer base in India.
FOUNDER: Anil Goteti
INVESTORS: General Catalyst, Peak XV Partners & Z47
AMOUNT: $63,000,000
HQ: Bengaluru, Karnataka, India
#VentureCapital #Scapia #AnilGoteti #TradedVC
Convective Capital Raises $85 Million Fund For Climate And Disaster Resilience InvestmentsConvective Capital, the early-stage climate and resilience-focused venture fund led by Bill Clerico, has raised an $85 million fund, up from its $35 million 2022 debut. The new fund marks a shift from an initial “firetech” focus on wildfire detection and mitigation to a broader mandate around physical-world risk management and disaster resilience, backed increasingly by institutional investors including insurers and asset managers. Convective plans to continue investing in technologies spanning wildfire prevention, infrastructure monitoring, insurance innovation, and climate-adaptive systems as extreme weather and disaster-related losses accelerate globally.
FOUNDER: Bill Clerico
AMOUNT: $85,000,000
#VentureCapital #ConvectiveCapital #BillClerico#TradedVC
Advanced Micro Devices Commits Over $10 Billion To Taiwan Semiconductor Ecosystem For AI InfrastructureAdvanced Micro Devices said it will invest more than $10 billion across Taiwan’s semiconductor ecosystem in a sweeping push to scale advanced packaging and accelerate next-generation AI infrastructure deployment. The commitment, outlined in a May 21 release, deepens partnerships with firms including ASE and SPIL to develop wafer-based 2.5D “Elevated Fanout Bridge” interconnect technology for AMD’s upcoming 6th Gen EPYC CPUs codenamed “Venice,” while also marking a milestone with PTI on panel-based EFB interconnects aimed at improving efficiency and economics for AI systems. The investments support AMD’s Helios rack-scale platform, targeting multi-gigawatt deployments from 2H 2026 using Instinct MI450X GPUs and EPYC processors, as the company competes more directly with Nvidia in AI infrastructure. Chair and CEO Dr. Lisa Su said the strategy combines AMD’s high-performance computing with Taiwan’s ecosystem to enable integrated rack-scale AI systems for faster deployment of next-gen workloads.
FOUNDERS: Jerry Sanders, Edwin Turney, John Carey, Jack Gifford, Sven Simonsen, Frank Botte, Jim Giles & Larry Stenger
AMOUNT: $10,000,000,000
HQ: Santa Clara, California
#VentureCapital #AdvancedMicroDevices #JerrySanders #EdwinTurney #JohnCarey #JackGifford #SvenSimonsen #FrankBotte #JimGiles #LarryStenger #TradedVC
Socket Secures $60 Million In Series C Funding Led By Thrive Capital At $1 Billion ValuationSocket raised $60 million in a Series C round at a $1 billion valuation, officially becoming a unicorn as demand intensifies for tools that secure open-source software supply chains amid the rapid rise of AI-generated code. The round was led by Thrive Capital with participation from Andreessen Horowitz, Abstract Ventures, and Capital One Ventures, bringing total funding to $125 million. Founder and CEO Feross Aboukhadijeh said the company’s platform detects malicious behavior in open-source dependencies in real time as AI now generates the majority of code in leading engineering teams.
FOUNDER: Feross Aboukhadijeh
INVESTORS: Thrive Capital, Andreessen Horowitz, Abstract Ventures & Capital One Ventures
ROUND: Series C
AMOUNT: $60,000,000
VALUATION: $1,000,000,000
HQ: San Francisco, California
#VentureCapital #Socket #FerossAboukhadijeh #TradedVC
OpenAI Offers $2M In Tokens To Y Combinator Startups In Exchange For EquityOpenAI is offering $2M in tokens to every startup in YC’s current batch.
The offer applies to companies in Y Combinator’s spring and summer 2026 batches, in exchange for equity.
Sam Altman says he wants to see what “tokenmaxxing startups” build and how tokens reshape how startups operate internally.
Instead of cash, OpenAI is giving early-stage founders ownership-linked tokens directly tied to how they build, scale, and use AI.
The bigger signal: AI labs are no longer just building models.
They’re becoming capital allocators inside the startup ecosystem.
YC helped define the SaaS era.
Now OpenAI is trying to shape the next generation of AI-native companies.
Fresha Secures $80 Million Investment From KKR Boosting Valuation To $1 BillionFresha has raised $80 million from KKR’s Next Generation Technology Growth fund, pushing the London-based company to a valuation above $1 billion as it moves deeper into late-stage growth territory. Founded in 2015, Fresha says it now works with more than 140,000 businesses globally that collectively process over 35 million appointments per month, and it has raised about $285 million to date; the new capital will go toward international expansion and building out AI-powered features as the platform continues scaling its marketplace for beauty and wellness bookings.
FOUNDERS: William Zeqiri & Nicholas Miller
INVESTORS: KKR, Partech, Target Global, FJ Labs, General Atlantic, L Catterton
AMOUNT: $80,000,000
VALUATION: $1,000,000,000
HQ: London, United Kingdom
#VentureCapital #Fresha #WilliamZeqiri #NicholasMiller #TradedVC
Vêtir Secures $5.5 Million In Series A Round Led By Laidlaw At $150 Million ValuationVêtir raised $5.5 million in a Series A round at a $150 million valuation, with backing from investors including Laidlaw and Company and others. The company, founded by CEO Kate Davidson Hudson, will use the capital to accelerate development of its personalization engine, expand internationally, and deepen integrations with enterprise luxury and retail partners. Alongside the raise, Vêtir is also expanding its advisory bench with appointments including Stephanie Horton and Nina Garcia.
FOUNDER: Kate Davidson Hudson
INVESTOR: Laidlaw & Company
ROUND: Series A
AMOUNT: $5,500,000
VALUATION: $150,000,000
HQ: New York City, New York
#VentureCapital #Vêtir #KateDavidsonHudson #TradedVC
Oura Files For 2026 IPO Following $900 Million Funding Surge And $11 Billion ValuationOura, the San Francisco–based maker of the Oura Ring founded in 2013, has confidentially filed for a 2026 IPO following a major growth and funding surge. The company recently raised over $900 million in late 2025 at an approximately $11 billion valuation, bringing total funding to more than $900 million and fueling rapid expansion as sales doubled and revenue climbed from $500 million in 2024 to a projected $1 billion in 2025. Now having sold over 5.5 million rings, Oura is positioning itself as the leader in the smart ring category as it prepares for a public listing alongside other high-profile tech IPO filings.
FOUNDERS: Petteri Lahtela, Kari Kivelä & Markku Koskela
HQ: San Francisco, California
#VentureCapital #Oura #OuraRing #TradedVC